Plastic medicine bottles have been the most preferred mode of packaging capsules and tablets. They are also used for packaging liquid dosages such as nasal, syrups, and ophthalmic medications. The advantage of a plastic bottle is that more tablets can be placed in bottles more efficiently and cost-effectively. Manufacturers are preferring the use of plastic bottles, due to lower costs of production and wide scope of development. Growing awareness for recycling is augmenting the growth of plastic bottles in the pharmaceutical industry.
MARKET DYNAMICS
The growing expansion of healthcare infrastructure coupled with surge in demand for pharmaceutical plastic bottles is anticipated to drive the market growth over the forecast period. The introduction of plastic bottles and the benefits associated such as cost and weight have witnessed a dramatic transition that have escalated demand for plastic medicine bottles. The pharmaceutical industry is one of the key contributor attributed to the demand of plastic bottles across the globe. Growing health-conscious among consumers and growing demographics favoring cost-effective solutions are the factors driving the market growth over the forecast period.
MARKET SCOPE
The "Global Plastic Medicine Bottles Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the plastic medicine bottles market with detailed market segmentation by material, product and capacity. The global plastic medicine bottles market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plastic medicine bottles market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global plastic medicine bottles market is segmented into material, product and capacity. By material, the plastic medicine bottles market is classified into Polyethylene (PE), Polypropylene (PP), Polyethylene terephthalate (PET), Polyvinyl chloride (PVC) and others. By product, the plastic medicine bottles market is segmented into solid containers, dropper bottlers, nasal spray bottles, liquid bottles and others. By capacity, the plastic medicine bottles market is segmented into less than 10 ml, 10 - 100 ml and 100 ml and above.
REGIONAL FRAMEWORKÂ
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global plastic medicine bottles market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The plastic medicine bottles market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the plastic medicine bottles market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the plastic medicine bottles market in these regions.
MARKET PLAYERS
The report covers vital developments in the plastic medicine bottles market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the plastic medicine bottles market are anticipated to witness lucrative growth opportunities in the future with the rising demand for plastic medicine bottles in the global market. Below mentioned is the list of few companies engaged in the plastic medicine bottles market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the plastic medicine bottles market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
-Amcor plc
-Berry Global Inc.
-Gerresheimer AG
-O.Berk Company
-AptarGroup, Inc.
-ALPHA PACKAGING
-Graham Packaging Company
-Alpack, Inc.
-PLASTIPAK HOLDINGS, INC.
-Drug Plastics Group